With a combination of technical expertise, business acumen, and a deep understanding of the people behind every idea, OIM Sweden helps companies take their innovations all the way to finished products. Their track record includes several successful deliveries of complex product development solutions in industries such as Medtech, Cleantech, and consumer products.

"We're excited to welcome OIM Sweden to Prevas," says Roland Ferngård, Regional Manager at Prevas. "OIM Sweden is a premium company with deep expertise in product development and Medtech. By combining our strengths, we broaden our joint offering with cutting-edge technology, innovative capabilities, and the ability to deliver advanced end-to-end solutions - including small-scale production. Expanding our presence in the region is also important to us. Together with our existing operations in Malmö and Lund, we are now building the region's strongest development hub, with around 120 employees. By strengthening our local presence, we create more opportunities for our employees and become an even stronger full-service partner to our customers."

OIM Sweden was founded in 2011 with the vision of creating a better world through innovative product development. With their specialist expertise in Medtech, OIM Sweden leads product development projects from idea to market-ready solutions. They are also ISO 13485 certified (quality management for medical devices), ensuring high quality and full regulatory compliance in every delivery.

"Our strength lies in innovative design and development within Medtech, with a proven ability to deliver efficiently even under tight deadlines. Prevas' organization and values are a great match for us, and we see this as a fantastic opportunity to accelerate our defined strategy. We look forward to continuing our growth journey together with Prevas and leveraging the scalability benefits ahead," says Jesper Hallberg, CEO of OIM Sweden AB.

OIM Sweden's office in Malmö houses workshops, labs, production, assembly, and office spaces - all under one roof to enable an efficient and integrated product development process. In addition, there is a dedicated area tailored for Medtech production. In 2021, 2022, and 2023, OIM Sweden was recognized as a Gazelle company - an award given to fast-growing and profitable businesses in Sweden - and was named a Master Gazelle.

"Building long-term value - for both our customers and our employees - is a central part of our strategy," says Magnus Welén, CEO of Prevas. "By adding new nodes to our network, through both acquisitions and organic initiatives, we further strengthen our position. That's why we're very pleased to welcome OIM Sweden to Prevas. Together, we are creating a strong offering in advanced product development, and we look forward to growing together."

The acquisition of 80% of OIM Sweden AB is expected to have a marginally positive impact on Prevas' earnings per share in the current financial year.

Caption: Simon Almqvist, Helena Gautam, Jesper Hallberg, Roland Ferngård, Sofie Magnoy, Riki Virc and Nina Carlgren Lyckmar